Arthur G. Fraas
7714 Chatham Road
Chevy Chase, MD 20815
Phone: (301) 654-6210
Email: fraas@aol.com
EMPLOYMENT
1987-2008 Chief, Natural Resources, Energy, and Agriculture Branch, Office of
Information and Regulatory Affairs, Office of Management and
Budget, Washington, D.C.
1981-1987 Economist, Office of Information and Regulatory Affairs, Office of
Management and Budget, Washington, D.C.
1977-1981 Senior Economist, Government Programs and Regulations, Council on
Wage and Price Stability, Executive Office of the President,
Washington, D.C.
1976-1977 Economist, Subcommittee on Antitrust and Monopoly, United States
Senate, Washington, D.C.
1973-1976 Assistant Professor, Department of Economics, U.S. Naval Academy,
Annapolis, Maryland
1969-1973 Economist, Financial Structure Section, Board of Governors of the
Federal Reserve System, Washington, D.C.
AWARDS
Presidential Rank Award, Distinguished Senior Professional, 2005
Presidential Rank Award, Meritorious Senior Professional, 2001
SES Performance Awards, Office of Management and Budget, 1989 to 2008.
(except 1993, 1999, 2001, 2004, and 2005)
Special Performance Award, Office of Management and Budget, 1987
Outstanding Service Award, Office of Management and Budget, 1985
Special Performance Award, Office of Management and Budget, 1983
PUBLICATIONS
"Abandonment of Residential Housing and the Abatement of Lead-Based Paint Hazards",
with Randall Lutter, Journal of Policy Analysis and Management, XV (Summer 1996), pp.
424-429.
"The US Regulatory Analysis Framework: A Review", with Ralph A. Luken, Oxford Review of
Economic Policy, vol. 9, no. 4, 1993, pp. 96-111.
"The Role of Economic Analysis in Shaping Environmental Policy", Law and Contemporary
Problems, vol. 54, no. 4, Autumn 1991, pp. 113-125.
"Alternative Fuels for Pollution Control: An Empirical Evaluation of Benefits and Costs", with
Albert McGartland, Journal of Contemporary Policy Issues, VIII (January 1990), pp. 62-74.
"Economic Objectives within a Bureaucratic Decision Process: Setting Pollution Control
Requirements Under the Clean Water Act", with Vince Munley, Journal of Environmental
Economics and Management, XVII (July 1989), pp. 35-53.
"Benefit-Cost Analysis for Environmental Regulation", in Environmental Policy Under
Reagan's Executive Order: The Role of Benefit-Coat Analysis, edited by V. Kerry Smith,
University of North Carolina Press, 1984.
"Municipal Wastewater Treatment Cost", with Vince Munley, Journal of Environmental
Economics and Management, XI (March 1984), pp 28-38.
"The Microeconomics of the Supply of Money", with George Grantham and Tom Velk,
Oxford Economic Papers, XXIX (Nov. 1977), pp. 339-356.
"Market Structure and Price Collusion: An Empirical Approach", with Doug Greer, Journal
of Industrial Economics, XXVI (Sept. 1977), pp. 21-44.
The Performance of Individual Bank Holding Companies, Staff Economic Studies (84),
Board of Governors of the Federal Reserve System, Washington, D.C., 1975.
"The Second Bank of the United States: An Instrument for an Interregional Monetary
Union", Journal of Economic History, XXXIV (1974), pp. 447-467.
OTHER PAPERS
"Regulatory Analysis: Past Experience with EPA Analysis and New Challenges", with
Randall Lutter. Paper presented at the annual meeting of the Southern Economic
Association, Washington, D.C., 1996.
"Benefit-Cost Analysis and Regulation Under the Clean Air Act: Setting National Ambient
Air Quality Standards". Paper presented at the annual meeting of the Air Pollution
Control Association, June 1984.
EDUCATION
1965-1969, University of California, Berkeley, Ph.D. in economics awarded in
August 1972.
Fields of Concentration: Money and Banking, Econometrics
Dissertation: The Impact of the Policies of the Second Bank of the United States on
the Economy of the Ohio Valley: 1814-1829
1960-1965 Cornell University, Ithaca, N.Y. Bachelor of Engineering Physics, 1965.